IRS Payment Plans Explained for Small Business Owners

IRS Payment Plans: Explained for Small Business Owners

If your small business owes back taxes, the IRS isn’t going away. But the good news is you don’t have to pay everything at once. IRS payment plans allow small business owners to break tax debt into manageable installments, reducing pressure and helping you stay in good standing with the government. In this article, we’ll … Read more

Interest and Penalties Cost More Than Your Original Tax Bill

Interest and Penalties Cost More Than Your Original Tax Bill

When most business owners think about the IRS, they imagine a tax bill for the amount they actually owe. What often comes as a shock is that interest and penalties can quickly surpass that original balance—sometimes doubling or even tripling it. In fact, many businesses discover that the IRS’s extra charges, not the tax itself, … Read more